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    PTA Maintenance Device Gradually Opened Acrylonitrile First Rise And Fall In April.

    2017/5/8 15:07:00 40

    PTAMaintenance UnitAcrylonitrile

    In the first half of the month, the PTA\PX device overhaul and the downstream terminal textile centralized concussion shock after the Qingming vacation were the main ones.

    But in the second half of the month, the domestic overall commodity atmosphere weakened significantly, and with the gradual opening of the PTA maintenance device, crude oil was weak, naphtha and PX were dragged down by the cost side, while downstream polyester production and sales dropped, and a lot of negative factors superimposed, resulting in a sharp decline in prices, hitting the lowest point in April on 25.

    In April, the crude oil market was expected to expand at the beginning of the month, with the expected temperature rise. The US crude oil returned to the top of the US $50 mark, but the increase in US crude oil caused the oil supply pressure to worry and its weakness declined.

    Crude oil prices fell bad for the PX market. According to monitoring data, the factory price trend of PX fell in April, and the average price at the end of the month was 6930 yuan / ton, down 7.91% from 7525 yuan / ton at the beginning of the month, up 24.77% compared to the same period last year.

    At the same time, the price of PX's external market also dropped. At the end of the month, the closing price of PX was 816 US dollars / ton CFR China, compared with 850.33 US dollars / ton at the beginning of the month, it fell 4.04%.

    The dependence on para xylene is as high as 56%, and the drop in external market price is another big disadvantage in the domestic PX market.

    The downstream polyester market was initially digested by the raw materials inventory of downstream enterprises during the Qingming holidays. The price of the polyester fiber market rose slightly, but the stock pressure of polyester factories remained high.

    The continuous low processing fee increased the factory maintenance intention, and the PTA 5 month -6 month maintenance was more. In May, the domestic PTA plan overhaul capacity amounted to 4 million 100 thousand tons, accounting for about 10% of the total capacity.

    PTA

    The intensity of phased inventory has increased. According to the PTA's current maintenance plan, it is estimated that 200 thousand tons of inventory will be available.

    Upper reaches

    PX

    The supply of PX in Asia is expected to remain low in May, and the downward trend in prices is expected to be limited.

    However, under the influence of high polyester stocks in the lower reaches, there is little willingness to receive goods, and market sentiment is still relatively empty.

    Meanwhile, the overall market climate of domestic commodities is relatively weak.

    In the face of fundamental stalemate, on the whole, it is expected that PTA prices will continue to remain weak in May.

    In April, acrylonitrile prices rose first and then fell.

    Within the month, acrylonitrile manufacturers are cautious in making sales and selling at moderate prices.

    There are relatively few sources of goods in the field, of which the downstream contract customers of the Secco and Sibon acrylonitrile supply are mainly, and there are no surplus sources available for sale.

    Under the pressure of environmental protection inspection, the downstream AM/PAM, polyether, pesticide and other industries started to decline significantly, and some businesses were forced to stop and shut down. The market wait-and-see mood increased and shipments became more difficult.

    On the whole, the demand for acrylonitrile in the lower reaches has weakened, and the inventory of acrylonitrile industry has increased. Many manufacturers have begun to try to make profits, but they have not achieved significant results.

    As of April 30th, the closing price of acrylonitrile outlet in East China port was 12100-12200 yuan / ton, a decrease of 2.80% from the end of last month. The acrylonitrile market in Shandong was sent to a reference price of 12000 yuan / ton for a short time, and its closing price dropped 3.61% last month.

    Industrial chain: domestic propylene market in April, the price center of gravity slipped significantly, the overall first fell and then rose.

    Nakagami Shun, propylene market price basically maintains at 7000 yuan / ton.

    Terminal demand

    Weak performance of the market poses great risks to the market.

    In the middle of this month, the Bohua PDH plant in Tianjin resumed production, and the supply of propylene increased.

    However, due to the lack of enthusiasm for downstream purchasing, inventory has become an important task.

    As of April 28th, the mainstream price of propylene in Shandong was 6600-6650 yuan / ton, a decrease of 6.36% compared with the ring price. The price is stable now, and the market continues to wait and see.

    The downstream ABS and acrylic fiber industry started to decline earlier than before, and the support for raw materials market weakened. At the same time, the terminal market was affected by environmental protection inspection, and its performance gradually declined.

    For more information, please pay attention to the world clothing shoes and hats net report.


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